Tenet Healthcare Stock Market Capitalization
| THC Stock | USD 91.08 4.92 5.13% |
Tenet Healthcare fundamentals help investors to digest information that contributes to Tenet Healthcare's financial success or failures. It also enables traders to predict the movement of Tenet Stock. The fundamental analysis module provides a way to measure Tenet Healthcare's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tenet Healthcare stock.
| Last Reported | Projected for Next Year | ||
| Market Cap | 6.9 B | 4.1 B |
Tenet | Market Capitalization |
Tenet Healthcare Company Market Capitalization Analysis
Tenet Healthcare's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current Tenet Healthcare Market Capitalization | 9.03 B |
Most of Tenet Healthcare's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tenet Healthcare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tenet Market Capitalization Driver Correlations
Understanding the fundamental principles of building solid financial models for Tenet Healthcare is extremely important. It helps to project a fair market value of Tenet Stock properly, considering its historical fundamentals such as Market Capitalization. Since Tenet Healthcare's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tenet Healthcare's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tenet Healthcare's interrelated accounts and indicators.
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Tenet Market Capitalization Historical Pattern
Today, most investors in Tenet Healthcare Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tenet Healthcare's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's market capitalization growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Tenet Healthcare market capitalization as a starting point in their analysis.
Tenet Healthcare Market Capitalization |
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In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
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Tenet Long Term Debt To Capitalization
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Based on the recorded statements, the market capitalization of Tenet Healthcare is about 9.03 B. This is 30.19% lower than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The market capitalization for all United States stocks is 52.53% higher than that of the company.
Tenet Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tenet Healthcare's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tenet Healthcare could also be used in its relative valuation, which is a method of valuing Tenet Healthcare by comparing valuation metrics of similar companies.Tenet Healthcare is currently under evaluation in market capitalization category among related companies.
Tenet Fundamentals
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.0629 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 27.99 B | ||||
| Shares Outstanding | 99.19 M | ||||
| Shares Owned By Insiders | 1.30 % | ||||
| Shares Owned By Institutions | 97.81 % | ||||
| Number Of Shares Shorted | 4.26 M | ||||
| Price To Earning | 11.95 X | ||||
| Price To Book | 6.25 X | ||||
| Price To Sales | 0.49 X | ||||
| Revenue | 20.55 B | ||||
| Gross Profit | 7.05 B | ||||
| EBITDA | 3.3 B | ||||
| Net Income | 611 M | ||||
| Cash And Equivalents | 858 M | ||||
| Cash Per Share | 11.19 X | ||||
| Total Debt | 16.21 B | ||||
| Debt To Equity | 3.30 % | ||||
| Current Ratio | 1.40 X | ||||
| Book Value Per Share | 16.09 X | ||||
| Cash Flow From Operations | 2.37 B | ||||
| Short Ratio | 3.16 X | ||||
| Earnings Per Share | 5.71 X | ||||
| Price To Earnings To Growth | 2.20 X | ||||
| Target Price | 107.69 | ||||
| Number Of Employees | 78.81 K | ||||
| Beta | 2.14 | ||||
| Market Capitalization | 9.03 B | ||||
| Total Asset | 28.31 B | ||||
| Retained Earnings | (192 M) | ||||
| Working Capital | 2.41 B | ||||
| Current Asset | 3.38 B | ||||
| Current Liabilities | 2.55 B | ||||
| Net Asset | 28.31 B |
About Tenet Healthcare Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tenet Healthcare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tenet Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tenet Healthcare based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Tenet Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenet Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tenet Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenet Healthcare Stock:Check out Tenet Healthcare Piotroski F Score and Tenet Healthcare Altman Z Score analysis. For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.Note that the Tenet Healthcare information on this page should be used as a complementary analysis to other Tenet Healthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Tenet Stock analysis
When running Tenet Healthcare's price analysis, check to measure Tenet Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tenet Healthcare is operating at the current time. Most of Tenet Healthcare's value examination focuses on studying past and present price action to predict the probability of Tenet Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenet Healthcare's price. Additionally, you may evaluate how the addition of Tenet Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Tenet Healthcare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenet Healthcare. If investors know Tenet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenet Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.403 | Earnings Share 5.71 | Revenue Per Share 202.166 | Quarterly Revenue Growth 0.078 | Return On Assets 0.0629 |
The market value of Tenet Healthcare is measured differently than its book value, which is the value of Tenet that is recorded on the company's balance sheet. Investors also form their own opinion of Tenet Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Tenet Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenet Healthcare's market value can be influenced by many factors that don't directly affect Tenet Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tenet Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenet Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenet Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.